27 September 2017

Finance Committee to hold international tax reform hearing

The Senate Finance Committee has scheduled an international tax reform hearing for Tuesday, October 3 (at 10 a.m.) "to examine how Congress can update the United States' system of taxing cross-border income to level the playing field for American companies and keep more jobs and investment here at home."

Witnesses scheduled to testify are:

— Brett J. Wells, Professor of Law and George Butler Research Professor of Law, Law Center, University of Houston, Houston, TX
— Kimberly Clausing, Ph.D., Thormund A. Miller and Walter Mintz Professor of Economics, Reed College, Portland, OR
— Stephen E. Shay, Senior Lecturer on Law, Harvard Law School, Harvard University, Cambridge, MA
— Itai Grinberg, Professor of Law, Law Center, Georgetown University, Washington, DC

"There are a variety of changes we can make to the U.S. tax code to help American companies better compete in the global market and put an end to the perverse incentives that have caused jobs and investment to move overseas," Chairman Orrin Hatch (R-UT) said in announcing the hearing. "This hearing will give members the opportunity to further explore these issues and hear from experts on how modernizing the international tax structure will not only make American companies more competitive in the 21st century economy but also, will make our country a more inviting place to invest and do business, keeping and growing jobs at home."

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Contact Information
For additional information concerning this Alert, please contact:
 
Washington Council Ernst & Young
   • Any member of the group, at (202) 293-7474.

Document ID: 2017-1564